Investment Opportunity in Montavilla! This updated 3-bedroom, 2-bath property offers flexibility, income potential, and major system upgrades including a new HVAC, water heater, interior and exterior paint, quartz countertops, and remodeled bathrooms. The main home features 2 bedrooms and 1 bath, while the detached converted garage includes a third bedroom and full bath, ideal for rental income, multigenerational living, guest quarters, or a home office. Located in Portland's desirable Montavilla neighborhood with easy access to shopping, dining, parks, and major highways, this turnkey property is a great opportunity for homeowners and investors alike.
Coming soon/no showing 10/14
$415,000
540 NE 94th Ave, Portland, OR 97220
2beds
1,080sqft
Residential, Single Family Residence
Built in 1953
5,227 Square Feet Lot
$-- Zestimate®
$384/sqft
$-- HOA
What's special
- 3 days
- 135
- 31
Zillow last checked:
Listing updated:
Listed by:
Melissa Jaques 541-530-1892,
John L. Scott
Source: RMLS (OR),MLS#: 705281589
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Features: Quartz
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Stainless Steel Appliance(s), Gas Water Heater
Features
- Quartz
- Flooring: Engineered Hardwood
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway, Converted Garage
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R305093
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $413,900
- Annual tax amount: $3,777
- Date on market: 10/14/2026
- Listing terms: Cash,Conventional,FHA,State GI Loan,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2024 | Sold | $415,000+6.7%$384/sqft |
Source:  RMLS (OR) #24573418 Report a problem | ||
| 6/10/2024 | Pending sale | $389,000$360/sqft |
Source: RMLS (OR) #24573418 Report a problem | ||
| 6/7/2024 | Listed for sale | $389,000+253.6%$360/sqft |
Source: RMLS (OR) #24573418 Report a problem | ||
| 4/12/2005 | Sold | $110,000$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,778 +23.9% | $156,230 +22.3% |
| 2024 | $3,048 +4.5% | $127,760 +3% |
| 2023 | $2,915 +5.5% | $124,040 +3% |
| 2022 | $2,764 +1.7% | $120,430 +3% |
| 2021 | $2,718 +10.4% | $116,930 +3% |
| 2020 | $2,463 +3.3% | $113,530 +3% |
| 2019 | $2,384 | $110,230 +3% |
| 2018 | $2,384 +3.2% | $107,020 +3% |
| 2017 | $2,311 +6.6% | $103,910 +3% |
| 2016 | $2,167 | $100,890 +3% |
| 2015 | $2,167 +2.4% | $97,960 +3% |
| 2014 | $2,116 +16.1% | $95,110 +3% |
| 2013 | $1,823 -3.5% | $92,340 +3% |
| 2012 | $1,889 +1.8% | $89,660 +3% |
| 2011 | $1,855 +1.9% | $87,050 +3% |
| 2010 | $1,820 +2.3% | $84,520 +3% |
| 2009 | $1,779 +3.5% | $82,060 +3% |
| 2008 | $1,718 +0.4% | $79,670 +3% |
| 2007 | $1,711 +4.9% | $77,350 +3% |
| 2006 | $1,632 +3.5% | $75,100 +3% |
| 2005 | $1,576 +2.8% | $72,920 +3% |
| 2004 | $1,534 +1.7% | $70,800 +3% |
| 2003 | $1,508 +9% | $68,740 +3% |
| 2002 | $1,384 +12.4% | $66,740 +6.1% |
| 2000 | $1,232 +4.1% | $62,920 +3% |
| 1999 | $1,183 | $61,090 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Montavilla
Nearby schools
Schools provided by the listing agent
- Elementary: Cherry Park
- Middle: Floyd Light
- High: David Douglas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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